Math, asked by nhghfg, 11 months ago

Explaine PPC (Production possibility curve) class 11th economics..........

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Answered by Anonymous

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Refers to the attachment!!!

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Answered by Jaisi05

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Step-by-step explanation:

Prof. Paul A. Samuelson used the concept of the production possibility curve to explain the economic problem of a society. Production Possibility Curve (PPC) is the locus (the path of a moving point) of various combinations of two commodities which can be produced with given level of resources and technology. It is also known as transformation curve. We can draw the PPC on the basis of above schedule.

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